Question

31) Current account shows Rs. 1,000 as overdrawn. When bank statement is received, it was identified that one of debtors has deposited Rs. 400 into bank account and bank charges of Rs. 20 had been debited to the account. Bank Statement balance is: *

Rs. 1,420 (Dr)

Rs. 620 (Dr)

Rs. 4,300 (Cr)

Rs. 1,700 (Dr)

​

Answer 1

Explanation:

1000-400=600

Bank charges

600+20=620